UBER Ticker Curator

Uber Eats boosts non-food growth via Ace Hardware tie-up:

• On-demand/scheduled delivery of gardening/home supplies from 3,700+ stores using the app
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Rapid push: Second robotaxi expansion in weeks—employee test rides in Lucid Gravity SUVs upgraded with Nuro autonomy, SF Bay Area.

• App hails active:...

Uber's bold resistance to Philadelphia's proposed $1-per-ride tax:

• Launched six-figure ad campaign urging opposition, spotlighting high...

UBER is positioning as a demand layer for autonomous vehicles, yet trades at a 43% discount to sector median on FWD non-GAAP PEG basis—despite lingering regulatory and labor risks.

• Non-EV surcharge: 5 cents/km added to petrol/diesel/hybrid rides from 15 April to 8 June, revenue straight to drivers for fuel relief.
• EV...

Key milestone in Uber's AV push: Select employees can now hail Lucid Gravity SUVs via the app in San Francisco.

• Autonomous testing with human...

Uber reaches a key milestone in its Lucid-Nuro partnership: Select employees have begun test rides last week in Nuro L4-equipped Lucid Gravity SUVs...

Escalating legal risks for Uber as second bellwether sexual assault trial begins Tuesday in NC federal court, testing if Arizona's $8.5M verdict was a...

Uber's familiar tactics rally users and lobbyists to fight margin-squeezing local rules:

• Philly $1/ride tax: Banners on receipts, 6,000+ user...

Post-Uber acquisition, Blacklane launches a premium in-app experience:

• Redesigned app, website for intuitive journeys from search to feedback.
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Stifel lowers Uber price target to $94 from $105 amid Iran war concerns, tweaking estimates across internet coverage while keeping a Buy rating. Geopolitical tensions are prompting valuation caution for UBER.

Ownership Changes

• 🔥 Choreo LLC Cuts Stake: Choreo LLC decreased its Uber position by 16.7%, selling 16,593 shares and holding 82,797 shares...

Institutional shift signals caution: Choreo LLC reduced its Uber position by 16.7%, selling 16,593 shares to hold 82,797 worth $6.8M.

• Institutions...

• Ads powerhouse: $1B+ revenue at ~80% margins from captive users
• AV optionality: Waymo/Aurora deals position Uber as AV marketplace with higher...

Uber's gross profit margin fell to 30.8% in 2022 (-13.8%) after 35.7% in 2021, but rebounded sharply to 37.1% in 2023 (+20.6%) and 37.5% in 2024 (+1.1%).

• Nationwide rollout: $4,000 Go Electric grant now in all 50 states for Pro Platinum/Diamond drivers buying/leasing EVs (100 rides by 2026 req'd).
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New opinion warns of federal Uber sexual assault trial impacts on rider safety and experiences, with Connecticut-specific insights.

Partner-led AV push: Uber's up to $1.25B Rivian deal deploys 50,000 robotaxis by 2031, starting with 10,000 R2s in SF/Miami.

• Scalable rollout:...

Gas prices are turning the gig worker economy upside down, coinciding with UBER down 1.85% and LYFT up slightly at +0.08%.

Legal Developments

• 🔥 Florida Lawsuit Over Identity Theft: Damian Josefsberg filed a lawsuit against Uber in Florida over a phantom IRS Form...